Sitero Acquires Clario’s eClinical Technology Suite
Sitero, a contract research organization (CRO) based in Coral Gables, Florida, announced on August 1 that it acquired Clario’s e-clinical technology suite. The financial terms of the acquisition were not disclosed. Clario’s e-clinical technology suite is an advanced technology suite designed to manage the end-to-end clinical trial lifecycle. Components include electronic data capture systems, randomized and trial supply management, clinical trial management systems, e-consent and site and patient payments. Sitero is a next-generation, site-focused CRO for life sciences and institutional research organizations that helps get treatments to market safer and faster through... Read More »
MD Revolution Acquires RPM Provider NavCare
MD Revolution announced on August 1 that it has acquired NavCare based in Augusta, Georgia. NavCare is a remote patient care services company that provides virtual chronic care management (CCM), remote patient monitoring (RPM) and telehealth care management. Founded in 2011, MD Revolution, provides RPM and CCM to more than 1,700 providers and 150,000 patients, collecting and evaluating more than 19 million vital measurements through care delivery. According to Kyle Williams, CEO of MD Revolution, this merger will lead to MD Revolution being able to offer greatly expanded service to clients and patients. NavCare teams will become employees of MD Revolution. Chris MacInnis will become Chief... Read More »
Investor Interest Spikes for Telehealth in 1H:23
Telehealth demand has oscillated over the past several years. There was a peak in usage during 2020 and 2021 during the COVID-19 quarantine, driving dozens of deals in the healthcare M&A market. Deals such as Microsoft Corp.’s purchase of Nuance Communications for $19.7 billion in April 2021 and Teladoc Health’s acquisition of Livongo Health, Inc. for $18.5 billion are some notable examples. Several companies even hit the public market through a special purpose acquisition company (SPAC). Sharecare, Inc. merged with a SPAC in a deal valued at $3.9 billion in November 2021; Him & Hers joined Oaktree Acquisition Corp., sponsored by an affiliate of Oaktree Capital Management, L.P.,... Read More »
Axxess Acquires EMR Provider Complia Health
Axxess announced on July 24 its acquisition of Complia Health for an undisclosed price. Headquartered in Schaumburg, Illinois, Complia Health is a leading provider of electronic medical record (EMR) solutions, technology and services for home care, home health and hospice agencies. Complia’s roster of clients includes some of the largest home health, home care, hospice and palliative care providers among its more than 200 clients with thousands of locations. Axxess is a leading home health technology company, providing a complete suite of innovative, cloud-based software and services, empowering healthcare providers with solutions to make lives better. The company is trusted by more... Read More »
